Tag: Troostwijk

Zombie assets may cost UK businesses £280 billion

UK businesses could be wasting as much as £280 billion a year by failing to have adequate asset management strategies in place.

Research based on 500 UK businesses commissioned by Troostwijk found that a third of businesses haven’t appointed a manager in charge of asset management. As a result, assets are left to zombify, instead of much needed capital being released from them which can serve as an alternative growth stream.